Antoine Griezmann will continue to get his kicks with Atletico de Madrid after signing a year’s contract extension through to 2022. Gonzalo Arroyo Moreno / Getty Images
Antoine Griezmann will continue to get his kicks with Atletico de Madrid after signing a year’s contract extension through to 2022. Gonzalo Arroyo Moreno / Getty Images
Antoine Griezmann will continue to get his kicks with Atletico de Madrid after signing a year’s contract extension through to 2022. Gonzalo Arroyo Moreno / Getty Images
Antoine Griezmann will continue to get his kicks with Atletico de Madrid after signing a year’s contract extension through to 2022. Gonzalo Arroyo Moreno / Getty Images

Transfer talk and news: Antoine Griezmann to stay at Atletico; Cristiano Ronaldo in tax mess; Claudio Ranieri lands at Nantes


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GRIEZMANN EXTENDS CONTRACT WITH ATLETICO

Atletico Madrid’s France forward Antoine Griezmann has signed a year’s contract extension through to 2022, seemingly ending what was shaping up to be one of the sagas of the transfer window.

Griezmann, third in the 2016 Ballon d’Or behind Cristiano Ronaldo and Lionel Messi, had been heavily linked to Europa League winners Manchester United in recent weeks.

The 26-year-old last month told French television programme Quotidien that a move to United was “possible”, before stating there was a “six out of 10 chance” it would happen.

However, Atletico president Enrique Cerezo said on Spanish radio on Tuesday that Griezmann had agreed an extended deal with a pay rise but the same US$112.12 million (Dh412m) release clause.

The club later confirmed the news.

“I want to apologise if anyone misunderstood my words,” Griezmann said on the club website (en.atleticodemadrid.com).

“I may have expressed myself poorly or people have got headlines where there were none but since I’ve been here I’ve given everything for my club, my team mates and this coaching staff and I’m really happy to be here for another season with everyone.”

Local media reported that Griezmann’s new contract makes him the highest-paid player in the club’s history, with an annual salary of about 14 million euros.

The Court of Arbitration for Sport’s decision to uphold a transfer ban on Atletico for signing minors has prevented them registering new players until January 2018.

That appears to have played a big part in Griezmann’s decision to remain with the club he joined for 30 million euros from Real Sociedad in 2014.

“It’s a tough time for the club and it would be a dirty move to leave now,” Griezmann had said when the ban was upheld this month. He also tweeted, “Now more than ever #Atleti”, in a pledge of loyalty before putting pen to paper on his new deal.

RONALDO ACUSSED OF TAX EVASION

Real Madrid’s Cristiano Ronaldo was accused of evading 14.7 million euros in tax through offshore companies, the latest footballer to fall foul of fiscal authorities in Spain.

The 32-year-old – the world’s highest-paid athlete according to Forbes magazine – follows in the steps of Barcelona forward and Argentina star Lionel Messi, who was found guilty of the same offence last year although the sums involved were allegedly smaller.

The issue of tax evasion has caused anger in a country only just emerging from a damaging economic crisis that has seen countless people lose their jobs and inequalities rise.

Ronaldo is accused of “four crimes against the public treasury between 2011-14 ... which involves tax fraud of 14,768,897 euros”, the office said in a statement.

“The accused took advantage of a company structure created in 2010 to hide income generated in Spain from his image rights from tax authorities, which is a ‘voluntary’ and ‘conscious’ breach of his fiscal obligations in Spain.”

Prosecutors accuse the Portugal international of evading tax via a shell company based in the British Virgin Islands and another in Ireland, known for its low corporate tax rate.

In addition, they say he only declared 11.5 million euros of Spanish-related income from 2011 to 2014, while what he really earned during that time was close to 43 million euros.

And finally, they accuse him of “voluntarily” refusing to include 28.4 million euros in income linked to the sale of his image rights for the 2015 to 2020 period to a Spanish company.

RANIERI LANDS WITH NANTES

Italian Claudio Ranieri is the new coach of Nantes, the Ligue 1 side said, just four months after he was sacked by Leicester City.

Nantes had to ask for – and received – special dispensation from French league officials to hire the popular Italian as he has reached the manager’s age limit of 65.

Ranieri guided Leicester to one of modern sport’s great upsets in the 2015/16 season as the Foxes won the Premier League in his first campaign in charge.

But his second season was a disaster as the team flirted with relegation and he was sacked in February.

Nantes finished seventh in Ligue 1 last season but a week ago agreed to allow Portuguese coach Sergio Conceicao to return to his homeland and take over the reins at Porto.

EVERTON CLOSING ON PICKFORD

Everton have agreed a £38 million (Dh178m) deal to sign Sunderland goalkeeper Jordan Pickford, according to British media reports.

Pickford was Everton manager Ronald Koeman’s top target to take over from Maarten Stekelenburg and Joel Robles, who both endured inconsistent spells last season.

Sunderland have accepted an offer from Everton which could rise to £30 million with various add-ons included in the package.

England Under-21 international Pickford was one of the few bright spots as Sunderland were relegated from the Premier League last season.

He earned a call-up to England’s senior ranks in October and has represented the country at each of the six youth levels from Under-16 upwards.

Should the terms of each of the add-ons be met, Pickford would become Everton’s record signing, eclipsing the £28 million they paid for Romelu Lukaku in 2014.

The fee is short of the £35 million Manchester City parted with earlier in the close-season to land Brazilian keeper Ederson, though Pickford would be the most expensive British goalkeeper ever.

That honour currently belongs to Southampton’s Fraser Forster, who cost £10 million in 2014.

LEDLEY CONSIDERING MOVE ABROAD

Wales midfielder Joe Ledley is ready to play abroad as he aims to get regular first-team action after a frustrating past few months at Crystal Palace under the club’s former manager Sam Allardyce, the 30-year-old has said.

Ledley was released by the Premier League club after making just 21 appearances in the previous campaign, the last of which came in February’s 4-0 loss to Sunderland.

“There have been clubs in touch with my agent all over the world,” Ledley told British media. “I’d be prepared to go abroad. I think it would appeal to me, especially having played international football because I love playing on that stage and I think it suits the way I play.

“I’ll see the options I have and go from there.”

The Wales international played in his nation’s recent World Cup qualifiers, a goalless draw with Ireland in March and a 1-1 draw with Serbia on Sunday.

He said leaving Palace was the best course of action.

“It’s been frustrating. I don’t know why I’ve not been even in the squads, but it was the decision of the manager (Allardyce) and I had to deal with it and get on with it,” Ledley said.

“It’s definitely for the best. I spent three-and-a-half years at the club and gave my all there and I think the fans know that.

“When you’re not getting picked for as long as I wasn’t then you have to do something about it ... I need to be playing, especially at my age having turned 30 now.”

DI FRANCESCO INCHES CLOSER TO ROMA POST

Sassuolo manager Eusebio Di Francesco moved a step closer to taking over at Roma after the clubs agreed a compensation package.

Roma have been looking for a new manager since Luciano Spalletti left last week to join fellow Serie A side Inter Milan.

Di Francesco, a former midfielder with Roma, has been a long-time target for the capital club and, according to reports, could be officially appointed later Wednesday.

Last year, Di Franceso extended his Sassuolo contract to 2019 but Sky Sport claim a compensation deal now has been agreed with Roma.

Di Francesco joined Sassuaolo in 2012 and steered them to the 2013 Serie B title.

Although he was sacked in January 2014 following a run of poor results, Di Francesco was brought back just two months later and has since kept Sassuolo in Serie A.

He made 168 appearances for Roma before taking a role as team manager at the club following his playing retirement, before embarking on his coaching career in 2008 with Virtus Lanciano in the Italian third tier.

Roma finished runners-up last season and will play in the Uefa Champions League next season.

Follow us on twitter at @NatSportUAE

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

MATCH INFO

Uefa Champions League quarter-final (first-leg score):

Juventus (1) v Ajax (1), Tuesday, 11pm UAE

Match will be shown on BeIN Sports

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Results:

6.30pm: Maiden Dh165,000 2,000m - Winner: Powderhouse, Sam Hitchcott (jockey), Doug Watson (trainer)

7.05pm: Handicap Dh165,000 2,200m - Winner: Heraldic, Richard Mullen, Satish Seemar

7.40pm: Conditions Dh240,000 1,600m - Winner: Walking Thunder, Connor Beasley, Ahmed bin Harmash

8.15pm: Handicap Dh190,000 2,000m - Winner: Key Bid, Fernando Jara, Ali Rashid Al Raihe

8.50pm: The Garhoud Sprint Listed Dh265,000 1,200m - Winner: Drafted, Sam Hitchcott, Doug Watson

9.25pm: Handicap Dh170,000 1,600m - Winner: Cachao, Tadhg O’Shea, Satish Seemar

10pm: Handicap Dh190,000 1,400m - Winner: Rodaini, Connor Beasley, Ahmed bin Harmash

Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

How%20I%20connect%20with%20my%20kids%20when%20working%20or%20travelling
%3Cp%3E%0D%3Cstrong%3ELittle%20notes%3A%20%3C%2Fstrong%3EMy%20girls%20often%20find%20a%20letter%20from%20me%2C%20with%20a%20joke%2C%20task%20or%20some%20instructions%20for%20the%20afternoon%2C%20and%20saying%20what%20I%E2%80%99m%20excited%20for%20when%20I%20get%20home.%0D%3Cbr%3E%3Cstrong%3EPhone%20call%20check-in%3A%20%3C%2Fstrong%3EMy%20kids%20know%20that%20at%203.30pm%20I%E2%80%99ll%20be%20free%20for%20a%20quick%20chat.%0D%3Cbr%3E%3Cstrong%3EHighs%20and%20lows%3A%20%3C%2Fstrong%3EInstead%20of%20a%20%E2%80%9Chow%20was%20your%20day%3F%E2%80%9D%2C%20at%20dinner%20or%20at%20bathtime%20we%20share%20three%20highlights%3B%20one%20thing%20that%20didn%E2%80%99t%20go%20so%20well%3B%20and%20something%20we%E2%80%99re%20looking%20forward%20to.%0D%3Cbr%3E%3Cstrong%3EI%20start%2C%20you%20next%3A%20%3C%2Fstrong%3EIn%20the%20morning%2C%20I%20often%20start%20a%20little%20Lego%20project%20or%20drawing%2C%20and%20ask%20them%20to%20work%20on%20it%20while%20I%E2%80%99m%20gone%2C%20then%20we%E2%80%99ll%20finish%20it%20together.%0D%3Cbr%3E%3Cstrong%3EBedtime%20connection%3A%20%3C%2Fstrong%3EWake%20up%20and%20sleep%20time%20are%20important%20moments.%20A%20snuggle%2C%20some%20proud%20words%2C%20listening%2C%20a%20story.%20I%20can%E2%80%99t%20be%20there%20every%20night%2C%20but%20I%20can%20start%20the%20day%20with%20them.%0D%3Cbr%3E%3Cstrong%3EUndivided%20attention%3A%20%3C%2Fstrong%3EPutting%20the%20phone%20away%20when%20I%20get%20home%20often%20means%20sitting%20in%20the%20car%20to%20send%20a%20last%20email%2C%20but%20leaving%20it%20out%20of%20sight%20between%20home%20time%20and%20bedtime%20means%20you%20can%20connect%20properly.%0D%3Cbr%3E%3Cstrong%3EDemystify%2C%20don%E2%80%99t%20demonise%20your%20job%3A%20%3C%2Fstrong%3EHelp%20them%20understand%20what%20you%20do%2C%20where%20and%20why.%20Show%20them%20your%20workplace%20if%20you%20can%2C%20then%20it%E2%80%99s%20not%20so%20abstract%20when%20you%E2%80%99re%20away%20-%20they%E2%80%99ll%20picture%20you%20there.%20Invite%20them%20into%20your%20%E2%80%9Cother%E2%80%9D%20world%20so%20they%20know%20more%20about%20the%20different%20roles%20you%20have.%3C%2Fp%3E%0A
Brief scores:

Arsenal 4

Xhaka 25', Lacazette 55', Ramsey 79', Aubameyang 83'

Fulham 1

Kamara 69'

The Prison Letters of Nelson Mandela
Edited by Sahm Venter
Published by Liveright

End of free parking

- paid-for parking will be rolled across Abu Dhabi island on August 18

- drivers will have three working weeks leeway before fines are issued

- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket

- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200. 

- The penalty for failing to pay for a ticket after 10 minutes will be Dh200

- Parking on a patch of sand will incur a fine of Dh300

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

Company profile: buybackbazaar.com

Name: buybackbazaar.com

Started: January 2018

Founder(s): Pishu Ganglani and Ricky Husaini

Based: Dubai

Sector: FinTech, micro finance

Initial investment: $1 million

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Bio

Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind. 
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.

The studios taking part (so far)
  1. Punch
  2. Vogue Fitness 
  3. Sweat
  4. Bodytree Studio
  5. The Hot House
  6. The Room
  7. Inspire Sports (Ladies Only)
  8. Cryo
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

The lowdown

Rating: 4/5

Itcan profile

Founders: Mansour Althani and Abdullah Althani

Based: Business Bay, with offices in Saudi Arabia, Egypt and India

Sector: Technology, digital marketing and e-commerce

Size: 70 employees 

Revenue: On track to make Dh100 million in revenue this year since its 2015 launch

Funding: Self-funded to date

 

MATCH INFO

Uefa Champions League semi-final, first leg

Tottenham v Ajax, Tuesday, 11pm (UAE).

Second leg

Ajax v Tottenham, Wednesday, May 8, 11pm

Games on BeIN Sports

Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

UAE jiu-jitsu squad

Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)

Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)